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Political conflict is the main factor preventing the U.S. economy from mounting a full-fledged recovery, Fidelity Investments' Ronald O'Hanley said during a June 14 appearance at Morningstar Inc.'s annual investment conference.
The president of asset management and corporate services pointed to the constant disagreement among Washington, D.C., lawmakers over policy issues, arguing that their inability to chart a consistent economic path has paralyzed both corporations and investors.
"We've just taken way...